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Petroleum continues to top import list; vehicles follow 25 Aug 2013 | 08:52 am
NEPAL spent Rs 257.66 billion to import 10 commodities, including petroleum, vehicles and gold, in fiscal year 2012-13. These 10 commodities account for around 50 percent of the country’s total import...
Petroleum sector needs competition: FinMin 25 Aug 2013 | 08:45 am
WITH ensuring smooth fuel supply becoming a big headache for the government, Finance Minister Shankar Prasad Koirala on Saturday said the stateowned Nepal Oil Corporation (NOC) needs a private sector ...
Local goons harassing contractors 25 Aug 2013 | 08:20 am
CONTRACTOR Ram Sharan Deuja was starting work on developing a tourist information centre at the Pashupati Area Development Fund six months ago after being awarded the contract, but local goons disrupt...
Drop in raw material imports points to industrial slowdown 25 Aug 2013 | 07:55 am
THERE has been a massive decline in imports from India for which payment is made in US dollars. The drop points to a slowdown in industrial activity as US dollars are mostly used to pay for raw materi...
MoI to forward Industrial Enterprises Act to Cabinet 25 Aug 2013 | 07:49 am
THE Ministry of Industry (MoI) is all set to forward the draft of the Industrial Enterprises Act (IEA) to the Cabinet for endorsement. The government, which has accorded top priority to the umbrella a...
NRB to study country’s gold demand in market 25 Aug 2013 | 07:47 am
AMID complaints from traders that the quota imposed by the central bank on the daily supply of gold from banks is inadequate, Nepal Rastra Bank (NRB) Governor Yuba Raj Khatiwada on Friday said the cen...
1,500 visit Tata Car Mela 25 Aug 2013 | 07:45 am
1,500 people participated in ‘Tata Car Mela’ organised at International Sports Council. The event which started on August 21 will run through August 24, 2013. Of the total, 700 individuals were involv...
TELCOS, ISPS SLUG IT OUT FOR SLICE OF DATA SERVICES PIE 25 Aug 2013 | 07:43 am
With the number of smartphone users growing fast, telecom companies have been aggressively pushing attractive packages in data service, making it harder for ISPs to compete in the market NCELL and Nep...
Ncell launches 'Nagadhma Gadh-Gadh' scheme 25 Aug 2013 | 07:23 am
Ncell has launched a new scheme called Ncell Nagadhma Gadh-Gadh, which will be effective from August 26. According to the telecom company, the scheme, which last for ten weeks, offers Ncell customers ...
Weakening Nepali currency affects import from China 25 Aug 2013 | 07:15 am
Customers are likely to be compelled to buy costlier commodities during the upcoming festive season as the import of low-price goods, especially from China, has been badly hit by the weakening Nepali ...
